Karibu!

I’m falling into the “analysis paralysis” trap again (you spend so much time analysis stuff that you end up paralysing yourself ) When it comes to business, I should behave more like Saddam Hussein’s executioners – just do it: Allah Akbar! Moqtadr al Sadr!…boom…dead. Next? The more time you spend thinking about “stuff” the more doubts you end up cooking…

In the past two weeks I’ve been spending a lot of time thinking about what I need to do to reinvigorate my disapointing small business adventure venture. I’m not sure if this is normal or even healthy, but when you start something that doesn’t quite take off, you’ll find yourself spending hours and hours re-thinking your whole strategy.

I was flipping through this months issue of Inc. magazine and Thomas Stemberg, the founder of Staples (a large office supplies store in the states) & Zoots (a franchise dry cleaning company) is interviewed about some of the lessons he learnt during the process of building Staples.

People have been telling me about netflix for years, but I was reluctant to join because I don’t really watch that many movies. That all changed last week when I decided to rent a movie from Blockbuster. After I had watched the movie, I was in the process of putting it aside when I realized that it was a 2-day…

After my disappointing venture, I took some time off to think about things and analyze what I need to do differently for the next round. These are my running thoughts. They may change as my experiences change… My research is fine. I am able to identify good products that are rare and that people want. I enjoy doing research because…

One of my business projects is not working out quite the way I had anticipated. I did six months of extensive research, I launched it about one week ago and the sales have been very disappointing, to say the least. That means my research was overly optimistic. So, for next time, I need to focus on finding a business where…